Bank of Ireland Group (LON:BIRG) Shares Down 0.5% - Here's What Happened

Key Points

• Bank of Ireland Group's stock fell by 0.5% during mid-day trading, closing at GBX 13.20 ($0.18) after previously trading as low as GBX 13.12 ($0.17).
• The trading volume was notably low, with only 93,105 shares changing hands, reflecting a 73% decrease from the average session volume of 349,133 shares.
• The company has a market capitalization of £126.06 million and a PE ratio of 0.11, indicating a potentially undervalued stock in the financial services sector.

Bank of Ireland Group plc (LON:BIRG - )'s stock price fell 0.5% during mid-day trading on Thursday . The company traded as low as GBX 13.12 ($0.17) and last traded at GBX 13.20 ($0.18). 93,105 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 349,133 shares. The stock had previously closed at GBX 13.26 ($0.18).

Bank of Ireland Group Stock Down 0.5%

The firm has a market capitalization of £126.06 million, a PE ratio of 0.11 and a beta of 1.15. The stock has a 50-day simple moving average of GBX 13.49 and a 200-day simple moving average of GBX 12.23.

About Bank of Ireland Group

Bank of Ireland Group is one of the largest financial services groups in Ireland, with total assets of €156 billion at 31 December 2023. We provide a broad range of banking and other financial services. We are organised into four trading segments (Retail Ireland; Wealth & Insurance; Retail UK; and Corporate & Commercial) and one support division (Group Centre) to effectively serve our customers.

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